Daimler India plans to make India export hub

"Our experience of already bringing 1.4 million EURO VI trucks and buses on the roads means we are easily ready to transition our BharatBenz trucks and buses to BS-VI by the April 2020 deadline," DICV Managing Director and CEO Satyakam Arya told reporters here. Arya said the company has achieved an outstanding localisation rate of above 80 per cent on its products, adding it has invested around Rs 500 crore to localize its EURO VI technology for India. "We have completed 2 million kilometres of testing, developed new facilities and over 1,000 new parts and achieved an outstanding localisation rate above 80 per cent on our products," the CEO said. On exports, he said, "With this headstart, we will begin exporting India-built trucks by 2021/2022. The transition to BS-VI opens up more opportunities to export fully-built vehicles, engines and parts to countries like Mexico, Chile and Brazil." DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The New Indian Expresshttps://able2know.org/user/reetasignaas/

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